Kate Hudson says that even multimillionaires like her are feeling the effects of the global economic crisis.

And that’s why the Bride Wars star will be making all of her Christmas presents by hand this holiday season.

“I think it’s a really weird time and I think that everyone is feeling it. We’ve always been pretty crafty anyway. We all knit. The girls knit. This year I’m doing these great big knit… well, actually I shouldn’t even talk about it because I can’t say it!”